Eastman Chemical Increases 2nd-Quarter Earnings 18%July 27, 2018
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Eastman Chemical Co. has reported fiscal-second-quarter earnings of US$344 million, or $2.39 per share, up 18 percent from $929 million, or $2.00 per share, for the same time period one year ago.
For the quarter, Eastman Chemical posted sales of $2.62 billion, up 8 percent from $2.42 billion in the previous year. Eastman Chemical credited the gains to increased sales volume in the company’s advanced materials and functional products divisions.
About Eastman Chemical
Kingsport, TN-based Eastman Chemical Co. manufactures a broad range of solvents and solutions, including adhesives, fibers, and cleaning chemicals. For more information, visit www.eastman.com.